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LT Foods to Set Up New Rs 6 Cr Rice Facility in Karnataka with 30,000 MT Capacity
LT Foods is expanding its manufacturing footprint by setting up a new facility in Raichur, Karnataka, dedicated to regional rice varieties like Sona Masoori and Kolam. The facility will have an initial capacity of 30,000 metric tonnes per annum and is expected to start commercial production by February 2, 2026. This strategic move involves a capital expenditure of Rs. 6 crore, which will be funded entirely through internal accruals. The expansion aims to capture the growing formal market for regional rice in South India and among the global Indian diaspora.
Key Highlights
New facility in Raichur, Karnataka, with an initial production capacity of 30,000 metric tonnes per annum
Estimated capital expenditure of Rs. 6 crore to be funded through internal accruals
Commercial production is scheduled to commence around February 2, 2026
Focus on regional rice varieties like Sona Masoori and Kolam to tap into South Indian and global markets
LT Foods reported consolidated revenue of Rs. 8,773 crores in FY25 with a 21% PAT CAGR over 5 years
💼 Action for Investors
Investors should view this as a positive step towards diversifying the product portfolio beyond Basmati rice into high-demand regional varieties. Monitor the timely commencement of production in February 2026 and its impact on market share in South India.
LT Foods to set up 30,000 MT Regional Rice Unit in Karnataka for Rs 6 Cr
LT Foods is expanding its manufacturing footprint by setting up a new unit in Raichur, Karnataka, dedicated to regional rice varieties like Sona Masoori and Kolam. The project involves an initial production capacity of 30,000 Metric Tons per annum with a modest capital expenditure of Rs. 6 Crore. Funded entirely through internal accruals, the facility is expected to commence commercial production by February 2, 2026. This strategic move aims to strengthen the company's value chain and market presence in the South Indian regional rice segment.
Key Highlights
New manufacturing unit in Raichur, Karnataka, focusing on regional rice varieties like Sona Masoori and Kolam.
Initial estimated production capacity of 30,000 Metric Tons per annum.
Total capital expenditure of Rs. 6 Crore to be funded through internal accruals.
Commercial production is expected to commence by February 2, 2026.
Strategic focus on strengthening the value chain for regional rice in South India.
💼 Action for Investors
Investors should view this as a positive diversification move beyond the core Basmati segment. Monitor the project's progress toward the February 2026 deadline for potential volume growth in the regional rice category.
LT Foods Appoints Rohit Jaiswal as COO of Middle East DMCC for Regional Expansion
LT Foods has appointed Rohit Jaiswal, an industry veteran with 27 years of FMCG experience, as the COO of its Middle East subsidiary. This strategic hire is aimed at driving the next phase of growth in the Middle East and Africa regions under the 'LT Foods 3.0' vision. The company reported a consolidated revenue of approximately ₹8,773 crores in FY25, maintaining a strong 5-year revenue CAGR of 16% and a PAT CAGR of 21%. Jaiswal's previous leadership roles at companies like Colgate Palmolive and Dabur International are expected to strengthen the company's global FMCG footprint.
Key Highlights
Rohit Jaiswal appointed as COO of LT Foods Middle East DMCC with 27+ years of FMCG experience.
LT Foods reported FY25 consolidated revenue of ₹8,773 crores.
The company maintains a 5-year Revenue CAGR of 16% and a PAT CAGR of 21%.
Focus on strategic roadmap and regional expansion across Middle East and Africa markets.
💼 Action for Investors
Investors should view this as a positive move to professionalize leadership for international growth. Monitor the company's execution in the Middle East and Africa regions in upcoming quarterly reports.